Question

River County is planning several capital acquisitions for the coming year. These include the purchase of two new garbage trucks at $ 150,000 each, one new bulldozer at $ 240,000, three new riding lawn mowers at $ 16,000 each, and construction of an activity center in the park for $ 650,000. The expected lifetime of the various capital items is 10 years for garbage trucks, 8 years for the bulldozer, 5 years for the lawn mowers, and 40 years for the activity center. Prepare a capital budget for the items to be acquired, showing their estimated lifetimes and their per unit and total costs.